Staking PLAYER (3, 3)
Stakers stake their PLAYER Token and NFTs on the CryptoSteam website to earn rebase rewards. The rebase rewards come from the proceed from bond sales, and can vary based on the number of PLAYER Token staked in the protocol and the NFTs hash set by monetary policy.
The increase in your stake of PLAYER Token translates into a constantly falling cost basis converging on zero. This means even if the market price of PLAYER Token drops below your initial purchase price, given a long enough staking period, the increase in your staked PLAYER Token balance should eventually outpace the fall in price.
sPLAYER
When you stake, you lock PLAYER Token and receive an equal amount of sPLAYER Your sPLAYER balance rebases up automatically at the end of every epoch. sPLAYER is transferable and therefore composable with other DeFi protocols.
When you unstake, you burn sPLAYER、unlock NFTs, and receive an equal amount of PLAYER Token. Unstaking means the user will forfeit the upcoming rebase reward. Note that the forfeited reward is only applicable to the unstaked amount; the remaining staked PLAYER Token (if any) will continue to receive rebase rewards.
How to stake PLAYER Token
Go to the Stake page of the CryptoSteam website. Select the "Stake" tab.
Enter the amount of PLAYER Token and NFTs that you would like to stake in the input field. If you would like to stake all your PLAYER Token, press the "Max" button and the input field will be populated with all your available PLAYER Token balance.
Click "Approve" and sign the transaction.
After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction. Voila, you have staked your PLAYER Token.
Staking PLAYER Token Extra Bonus
Staking Amount | Getting Food Amount | New Hatching Nest | Purchase Super Chest quantity | Purchase Food Chest quantity |
≥3000 | 50,000 | +1 | 3 | |
≥4500 | 100,000 | +1 | 10 | |
≥15000 | 200,000 | +1 | 5 | 30 |
≥30000 | 400,000 | +1 | 10 | |
≥45000 | 800,000 | +1 | 60 | |
≥75000 | 1,600,000 | 15 | ||
≥120000 | 3,200,000 | 90 | ||
≥150000 | 6,400,000 | 20 | ||
≥300000 | 12,800,000 | 25 | 120 | |
≥500000 | 25,600,000 | 30 | ||
≥600000 | 51,200,000 | 150 |
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